Overview of the global motorcycle immobilizer market
Technavio’s market research report predicts that the global motorcycle immobilizer market will grow at a CAGR of nearly 8% through the predicted timeline, ranging from 2017 – 2021. One of the primary drivers of the market’s growth is the rising motorbike security and insurance claims. Based on the statistics from the motorcycle industry association, about 43% of motorcycle insurance claims were thefts in England and Wales in 2012. To counter this, it is anticipated that the insurance companies in the future may consider a claim of a motorcycle theft based on inspection of the immobilizer fitted onto a motorcycle. Moreover, the anti-theft devices will need to have a security and safety approval by organizations such as Thatcham, a safety test approval authority, for the use of immobilizers in motorcycles driving the market’s growth.
One of the latest trends that will gain traction in the global motorcycle immobilizer market is the usage of bike security system using fingerprint GSM and GPS. The biometrics recognition system using GSM and GPS is a safe, dependable, and a cost-effective form of theft alarm system. Moreover, the tentative outcome of biometric recognition shows that it can be a capable way of reducing the theft of motorcycles in the future.
Competitive analysis and key vendors
The global motorcycle immobilizer market is at its developing stage with limited suppliers and is facing intense competition among the reputed vendors. The manufacturers in the market mainly offer electronic immobilizers, engine immobilizers, remote keyless entry systems, and transponder-based car immobilizer systems fixed in the cruiser and sports bikes to differentiate their products from competitors.
Key vendors in the market include:
- Bosch
- Continental
- Delphi Automotive
- Hella
- Mitsubishi Electric Corporation
Other prominent vendors include Atmel Corporation, Infineon Technologies, Microchip Technology, NXP Semiconductors, Sandhar Technologies, and Scorpion Automotive.
Segmentation by application and analysis of the motorcycle immobilizer market
- Cruiser bikes
- Commuter bikes
- Sports bikes
During 2016, the cruiser bikes segment dominated the application segment and are expected to continue the domination over the next four years. Factors like rising penetration of cruiser bikes and increasing number of manufacturer mergers will drive the growth in developing countries during the forecasted period.
Segmentation by geography and analysis of the motorcycle immobilizer market
In terms of geography, the Americas dominated the market for motorcycle immobilizers during 2016 and is expected to grow higher over the next four years. The major contributing factor for the region’s growth is the increasing demand for motorcycles and high rate of motorcycle thefts.
Key questions answered in the report include
- What will the market size and the growth rate be in 2021?
- What are the key factors driving the global motorcycle immobilizer market?
- What are the key market trends impacting the growth of the global motorcycle immobilizer market?
- What are the challenges to market growth?
- Who are the key vendors in the global motorcycle immobilizer market?
- What are the market opportunities and threats faced by the vendors in the global motorcycle immobilizer market?
- What are the trending factors influencing the market shares of the Americas, APAC, and Europe.
- What are the key outcomes of the five forces analysis of the global motorcycle immobilizer market?
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Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
- Key market highlights
- Value chain analysis
- Product life cycle of motorcycle immobilizers
PART 05: Market landscape
- Market overview
- Market size and forecast
- Five forces analysis
PART 06: Market segmentation by application
- Global motorcycle immobilizer market by application
- Global motorcycle immobilizer market by cruiser bikes segment
- Global motorcycle immobilizer market by sports bikes
- Global motorcycle immobilizer market by commuter bikes
PART 07: Geographical segmentation
- Global motorcycle immobilizer market by geography
- Motorcycle immobilizer market in APAC
- Motorcycle immobilizer market in Americas
- Motorcycle immobilizer market in Europe
- Key leading countries
PART 08: Decision framework
PART 09: Drivers and challenges
- Market drivers
- Impact of drivers on key customer segments
- Market challenges
- Impact of challenges on key customer segments
PART 10: Market trends
- Use of key fob gesture
- Bike security system using fingerprint GSM and GPS
- Growing use of keyless entry systems
PART 11: Vendor landscape
- Competitive scenario
- Other prominent vendors
PART 12: Key vendor analysis
- Bosch
- Continental
- Delphi Automotive
- HELLA
- Mitsubishi Electric Corporation
PART 13: Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape